Best Buys Realty Real estate servics that cost you less
Donna Whitacre

Facing Foreclosure?


You May Have A Better Way Out 

 There are countless hardships that can turn home ownership from a joy into a burden. The loss of a job, medical bills, or an unexpected hike in monthly payments can all make a mortgage unaffordable. But ignoring the bills will not make them go away, it will only make things worse.

If you need help, there are approaches that can help, but you may not be familiar with them. One of these is a “short sale.”

In an approved short sale, the lender agrees to accept less than is owed for the property, and the homeowner is relieved of the debt. A lender may be willing to do this because it spares a lot of hassle and expense involved in executing a foreclosure. And typically, a short sale does far less damage to the homeowner’s credit than a foreclosure does. In a short sale situation the lender will even pay the brokers fee at closing, so you don't have to.

If you would like to explore the possibility of a short sale for your property, avoid foreclosure, and potentially save your credit rating, please contact us for a confidential consultation so we may discuss your options. As a Certified Distressed Property Experts (CDPE) we are trained to assist you in the short sale process from beginning to end and to negotiate a sale with your lender.


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